About Algorhythm Holdings
Algorhythm Holdings is a company based in Fort Lauderdale (United States) founded in 2009.. Algorhythm Holdings has raised $2 million across 2 funding rounds. Algorhythm Holdings offers products and services including SemiCab Platform and Singing Machine. Algorhythm Holdings operates in a competitive market with competitors including SemiCab, Curbhub, T-CARGO, e-FAST India and Comecari, among others.
- Headquarter Fort Lauderdale, United States
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Sectors
Transportation, Automotive & Logistics
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Email
***********
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Phone
*********
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Website
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- Legal Name Algorhythm Holdings
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Annual Revenue
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Net Profit
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EBITDA
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Total Equity Funding
$2 M (USD)
in 2 rounds
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Latest Funding Round
$2 M (USD), Seed
Oct 22, 2024
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Investors
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Employee Count
Employee Count
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Products & Services of Algorhythm Holdings
Algorhythm Holdings offers a comprehensive portfolio of products and services, including SemiCab Platform and Singing Machine. The company's diverse product and service offerings are designed to meet the evolving needs of its customers, address market demands, and provide comprehensive solutions that drive value creation and customer satisfaction across various segments and use cases.
Platform that reduces empty miles for efficient freight transport.
Home systems for music performance and entertainment.
Funding Insights of Algorhythm Holdings
Algorhythm Holdings has successfully raised a total of $2M across 2 strategic funding rounds. The most recent funding activity was a Seed round of $2 million completed in October 2024. This substantial capital infusion reflects strong investor confidence in the company's business model, growth potential, and market opportunities. The funding enables strategic expansion, product development, market penetration, and operational scaling to drive long-term value creation and competitive advantage.
- Total Funding Total Funding
- Total Rounds 2
- Last Round Seed — $2.0M
- First Round First Round
- Investors Count Investors Count
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Oct, 2024 | Amount | Debt – Conventional - Algorhythm Holdings | Valuation |
investors |
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| Oct, 2024 | Amount | Seed - Algorhythm Holdings | Valuation |
investors |
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| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investments & Acquisitions by Algorhythm Holdings
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Algorhythm Holdings
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Algorhythm Holdings Comparisons
Competitors of Algorhythm Holdings
Algorhythm Holdings operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as SemiCab, Curbhub, T-CARGO, e-FAST India and Comecari, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Provider of Cloud, IoT, and AI-based marketplace for long-haul freight transportation services
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| domain | founded_year | HQ Location |
Provider of web-based collaborative transportation management solutions
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| domain | founded_year | HQ Location |
Provides a web-based collaborative platform for logistics solutions.
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| domain | founded_year | HQ Location |
Facilitates collaboration between stakeholders for freight electrification and sustainable transport in India.
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| domain | founded_year | HQ Location |
Operates a freight exchange platform connecting shippers and carriers for efficient logistics solutions.
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| Company Name | Domain | Founded year | HQ Location | Description |
|---|---|---|---|---|
| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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| domain | founded_year | HQ Location |
On-demand services are booked through an app-based platform.
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| domain | founded_year | HQ Location |
App based platform offering on demand delivery and ride-hailing services
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| domain | founded_year | HQ Location |
Operates an on-demand hyperlocal delivery app for food and groceries.
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Latest news on Algorhythm Holdings
Frequently Asked Questions about Algorhythm Holdings
When was Algorhythm Holdings founded?
Algorhythm Holdings was founded in 2009 and raised its 1st funding round 15 years after it was founded.
Where is Algorhythm Holdings located?
Algorhythm Holdings is headquartered in Fort Lauderdale, United States. It is registered at Fort Lauderdale, Florida, United States.
Who is the current CEO of Algorhythm Holdings?
Gary Atkinson is the current CEO of Algorhythm Holdings.
Is Algorhythm Holdings a funded company?
Algorhythm Holdings is a funded company, having raised a total of $2M across 2 funding rounds to date.
What does Algorhythm Holdings do?
Algorhythm Holdings was founded in 2009 and is based in Lauderdale, United States. Operations are focused on the logistics sector, where an AI-powered platform is utilized to facilitate collaboration. Freight operations are streamlined through provided solutions. Shippers are connected with carriers via the platform to enable goods transportation across various routes.
Who are the top competitors of Algorhythm Holdings?
Algorhythm Holdings's top competitors include SemiCab, e-FAST India and Curbhub.
What products or services does Algorhythm Holdings offer?
Algorhythm Holdings offers SemiCab Platform and Singing Machine.